Quote from: Tenchi on December 20, 2013, 09:35:31 PM

Quote from: MysticDOGE on December 20, 2013, 09:25:41 PM

Many hours read topic
Such greatness
Epic signup on forum
So very first post
WOW

Started mining on 4th day. Havent sold anything yet. Only buy buy buy (and mine)

Have been reading a lot, also comments about FUD and where DOGE will go.

Great thoughts will share I to add to your wisdom to why doge will skyrocket:

- How large is current dollar/euro/yen economy? Many many billions, more then there will be dogecons. If you have 1 million us dollar/euro now, you did well. So 1 million DOGE can be worth 1 dollar each why not? Why relate to bitcoin? Still with 1 mio doge i believe you can be a millionair in us dollars. Why?

- A "something" is worth something because of supply and demand. Basic economics.
Bitcoin was worth less then a dollar, because no-one knew of it. Now more people know of it existence and the price rises. As soon as this awereness starts to spread more, more people want a dogecoin. Mining will become more difficult very rapidly. Coins per hour for me are down from 100k to 1k. Won't be a surprice to see 100 coins per hour in the next few weeks.

- Block-halving. I learned this lesson with another crypto. It had its blockhalfing (1000 coins per block to 500 coins per block). Sold some coins the day before it happend (want paying attention..). Day after blockhalfing, price when from 800 satoshi to 2000. Next day 4500. Its now stable around 2000 again. Omg did i miss out. What you think is going to happen when doge reach 100.000 blocks? Blockhalving. What do you think it will do with the price?

- What makes crypto's different from eachother? As a "noob" I dont care about POW POS WOW etc, I care about how many people use it and if i can use it to make (mini-)payments. I care about the fun-factor: is it fun to spent and to receive? I like to receive euro's and dollars (and doge since a few days)!

So the answer imho is awereness and appeal. That DOGE is hyped is good for awereness and the creates the possibility of becoming more valuable.

- Welcome to the future everyone! It's almost 2014. Back in the 70's "we" let go of the goldstandard. This means your dollar is worth NOTHING (intrinsic), but is based on TRUST. What do you think the digital number on your backaccount is? Any different from a digital number in a doge-wallet? We have the same monetairy fiat currency system for over 40 years now. No fiat currency has ever made it this long. There have been hunderds of fiat currency systems before that all returned to its real value: zero. Thats why its all about trust nowadays, and since 2008, this trust is weakening. This digital coin revolution could be the start of something new. A new monetairy system that is controlled by the people instead of the very wealthy familys of this world. Why sell 1 million doge for some fiat currency that buys you a new ps4/xbox? Ill wait and buy 3 houses for 1 million doge, mark my words. Offtopic: my very best personal advice for you would be to buy gold and silver (real tangible assets = real money), but thats another topic Wink

. By the way, a gold/silver webshop in my country now accepts bitcoin Wink

.

- People who say this is a hype and that doge will fall down hard, my thoughts are: a hype is good, see above about the awereness/appeal. Does it means it will die after the hype? Don't think so. In my country, still 25% don't know, or heard anything about bitcoin. Imagine doge

. Now doge is turning up on newswebsites and its going viral. Perfect for awereness. The fun-factor makes it that new doge's come in and try it out for them selfs. The more people get to know about, the more people want it. Supply/demand

. What will happen is: supply will dry out (less coins per person) and demand will rise (badly!!).

- Ssst.. dont tell anyone else, because here i'll share my strategy: i wont sell my coins. I will use them for payments as soon as more websites start accepting. To get my friends involved I made a promotion on my facebook, handing out free doge for ppl who download the wallet and create a address that they put in the reply.

So.. it's up to yourself and I. To make this a success, we need awereness and much crazy things going on to let everyone know DOGE is here to stay. To go the moon!

Such promotion
Make own promotion
Much buy doge
Very appeal
So demand
1st stop Moon
Very long journey
WOW doge will travel to other dimension!

Very welcome to future

english bit poor, not my native language.

Such thanks for extensive thoughts
Very positive
Nice donation: DBdnFUqigpJ3gjWPNmC8T9rHo9Q7M16mKu

+1

+1 WoW so much truth

Dogecoin to the moon!!!

jdarta

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